The State Secretariat for Economic Affairs (SECO) released its consumer climate index for Switzerland on Thursday. The SECO consumer climate index plunged to -19 in July from -6 in April.
The future economic expectations subindex dropped to -25 in July from -8 in April.
The unemployment trends subindex jumped to 65 in July from 51 in April.
The assessment of previous economic trends subindex fell to -36 in July from -22 in April.
The price trends over the last twelve months was down to -5 in July from -3 in April, while the future price trends subindex rose to 18 from 6.